Norway's producer prices rose by 4.9 percent year-on-year in January 2019, easing from a downwardly revised 7.7 percent increase in the previous month. It was the lowest producer inflation rate since February, as prices rose at a softer pace for extraction of oil and natural gas (2.7 percent vs 8.7 percent in December) and manufacturing (2.2 percent vs 3.7 percent). At the same time, water supply inflation was unchanged at 11.3 percent, while cost went up faster for both mining & quarrying (6.7 percent vs 5 percent) and electricity, gas & steam (48.9 percent vs 47.2 percent). On a monthly basis, producer prices went up 0.3 percent in January, following a revised 3.6 percent fall in December. Producer Prices Change in Norway averaged 5.99 percent from 2000 until 2019, reaching an all time high of 33.90 percent in August of 2008 and a record low of -18.70 percent in November of 2001.

Producer Prices Change in Norway is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Producer Prices Change in Norway to stand at 3.60 in 12 months time. In the long-term, the Norway Producer Prices Change is projected to trend around 3.20 percent in 2020, according to our econometric models.

Norway Producer Prices Change
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Calendar GMT Actual Previous Consensus TEForecast
2018-11-09 07:00 AM PPI YoY 22.5% 21.1% 22.7%
2018-12-10 07:00 AM PPI YoY 14.9% 22.5% 21.9%
2019-01-10 07:00 AM PPI YoY 7.8% 14.9% 12.5%
2019-02-11 07:00 AM PPI YoY 4.9% 7.7% 6.9%
2019-03-11 07:00 AM PPI YoY 4.9%
2019-04-10 06:00 AM PPI YoY 7.5%
2019-05-10 06:00 AM PPI YoY


Norway Prices Last Previous Highest Lowest Unit
Inflation Rate 3.10 3.50 18.90 -1.80 percent [+]
Harmonised Consumer Prices 110.00 110.70 110.70 69.20 Index Points [+]
Consumer Price Index CPI 109.30 109.80 109.80 5.09 Index Points [+]
Core Consumer Prices 106.40 107.20 107.20 82.30 Index Points [+]
Core Inflation Rate 2.10 2.10 3.70 -0.10 percent [+]
GDP Deflator 110.44 111.24 111.24 19.86 Index Points [+]
Producer Prices 116.30 115.90 124.10 16.71 Index Points [+]
Producer Prices Change 4.90 7.70 33.90 -18.70 percent [+]
Export Prices 154.70 155.10 155.10 57.64 Index Points [+]
Import Prices 146.80 143.30 146.80 71.76 Index Points [+]
Food Inflation 1.20 3.40 19.90 -7.10 percent [+]
Inflation Rate Mom -0.50 0.00 5.45 -1.72 percent [+]
CPI Housing Utilities 116.60 115.60 116.60 19.50 Index Points [+]
CPI Transportation 109.50 109.40 111.40 21.00 Index Points [+]


Norway Producer Prices Change

In Norway, the Producer Price Index measures the price development of first hand sales of products to the Norwegian market, from Norwegian production and export. Manufacturing prices account for 54 percent of the total index. The biggest segments within Manufacturing prices are: Food, beverages and tobacco (12 percent), refined petroleum products (8 percent) machinery and equipment (6 percent) and basic metals (5 percent). Extraction and related services account for 41 percent, Electricity, gas and steam account for 4 percent and Mining and quarrying account for 1 percent. This page provides - Norway Producer Prices Change - actual values, historical data, forecast, chart, statistics, economic calendar and news. Norway Producer Prices Change - actual data, historical chart and calendar of releases - was last updated on February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4.90 7.70 33.90 -18.70 2000 - 2019 percent Monthly
2000=100




Country Last Previous
Argentina 75.50 Dec/18
Australia 2.00 Dec/18
Brazil 8.80 Dec/18
Canada 2.20 Dec/18
China 0.10 Jan/19
Euro Area 3.00 Dec/18
France 1.20 Dec/18
Germany 2.70 Dec/18
India 2.76 Jan/19
Indonesia 4.32 Dec/18
Italy 4.10 Dec/18
Japan 0.60 Jan/19
Mexico 4.97 Jan/19
Netherlands 0.58 Dec/18
Russia 11.70 Dec/18
Saudi Arabia 15.70 Dec/18
Singapore -0.40 Dec/18
South Africa 5.20 Dec/18
South Korea 1.00 Dec/18
Spain 1.60 Dec/18
Switzerland -0.50 Jan/19
Turkey 32.93 Jan/19
United Kingdom 2.10 Jan/19
United States 2.00 Jan/19


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